Finance Associate
2 months ago
- Assisting with the preparation of operating budgets, financial statements, and reports.
- Processing requisition and other business forms, checking account balances, and approving purchases.
- Managing account records, issuing invoices, and handling payments.
- Collaborating with internal departments to reconcile any accounting discrepancies.
- Reconciliation of retail store sales reports
- Analyzing financial data and assisting with audits, reviews, and tax preparations.
- Updating financial spreadsheets and reports with the latest available data.
- Reviewing existing financial policies and procedures to ensure regulatory compliance.
- Providing assistance with payroll administration.
- Keeping records and documenting financial processes.
- Evaluating daily accounting activities
- Making journal entries in the ledger for accounts debited and credited
- Tallying cash in hand at the end of the day’s shift
- Handling preparation and filing of tax returns and compliance issues
- Compile, analyze, and present reports on financial information
- Make entries of daily business transactions in the book of accounts
- Manage accounts payable as per contract terms with vendors and suppliers
- Monitor and ensure the company does not go off the track from compliance
Finance Associate Requirements:
- Bachelor's degree in finance, accounting, or in a related field.
- At least 2 years experience working as a finance associate.
- Proficiency in integrated financial management software, Tally Prime
- Extensive knowledge of accounting standards, fiscal procedures, and applicable tax codes.
- Exceptional attention to detail.
- Excellent collaboration and communication skills.
- Great analytical and problem-solving abilities.
- Superb organizational and time-management skills.
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